Tuesday, January 27, 2009

Economic stimulus: best bang for the buck?

A year ago Moodys put out a report on the impact of the Bush tax cuts. It concluded that the best bang-for-the-buck comes from increasing SPENDING on unemployment insurance, food stamps, general aid to states and infrastructure. NOT TAX CUTS! Why are we letting the Repugnicans sing their same old song?

You can read the lengthy paper but below is a chart from the report that summarizes the story.

Thanks to Rachel Maddow on Twitter for this.


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